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Opinion: It’s all about the Benjamins

Reinsurance rate rises ended up being pretty limp by the time 1 January came around.

13 February 2018
Kemper agrees to buy Infinity for $1.3bn

Kemper has agreed to buy specialty insurer Infinity Property and Casualty for at least $1.3bn in a stock and cash deal designed to expand the Chicago-based buyer’s reach into the nonstandard auto segment.

Ted Bunker, 13 February 2018
Lemonade CEO slaps insurers on gains by denying claims

The co-founder and CEO of Lemonade has lambasted the insurance industry on its claims performance, accusing carriers of making money by not paying claims.

Bernard Goyder, 13 February 2018
Irma Caribbean loss costs put at EUR1.83bn: Reuters

A French insurance industry group estimates that Hurricane Irma’s damages in the Caribbean could cost insurers EUR1.83bn ($2.26bn), Reuters reported today.

Anthony Baldo, 13 February 2018
CNA beats Q4 consensus as P&C underwriting improves

Core income at CNA increased by 29 percent in the fourth quarter as P&C underwriting earnings rose and reserve development worked in the carrier's favour.

Laura Board, 12 February 2018
Euler Hermes names CFO, COO as operating profit slips

Trade credit insurer Euler Hermes announced the appointment of two senior managers from parent Allianz as it reported a 3.7 percent decline in 2017 operating profit.

John Hewitt Jones, 12 February 2018
Opinion: SoftBank-Swiss Re Part II

In our Insider Briefing on Friday (9 February) editor-in-chief Adam McNestrie questioned the rationale for a minority investment in Swiss Re by SoftBank. I would argue it's not that clear cut.

Gavin Davis, 12 February 2018
BHSI gains Dubai licence and confirms Cerase hire

Berkshire Hathaway Specialty Insurance has secured a licence from the Dubai regulator and established an office in the Dubai International Financial Centre, to be led by Alessandro Cerase.

Charlie Thomas, 12 February 2018
StarStone adds third recruit to new crisis management unit

StarStone has added Andrew Summers, a political risk underwriter at ArgoGlobal, to its newly formed crisis management division.

Bernard Goyder, 12 February 2018
LSM unveils financial sector trade credit platform

Liberty Specialty Markets (LSM) is to launch a new e-commerce platform for specialist trade credit insurance.

Laura Board, 12 February 2018

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